Vladimir Putin and Donald Tusk

Donald Tusk: Warnings from and from Poland prime minister Donald Tusk that the Kremlin was massing troops on the border with Ukraine led to a nervous day trading in which the euro hit a nine-month low against the dollar and investors sought out safe havens such as gold and German bonds, according to The Guardian. Gold rose by around 1.5% to more than $1,300 an ounce as Vladimir Putin announcement of tit-fot-tat sanctions were seen as evidence of a deteriorating relationship between the west and Russia and Share prices in London closed at their lowest level in three months on Wednesday after fears of a military conflict between Russia and Ukraine sent shudders through European financial markets. News that Italy had surprisingly fallen back into recession in the second quarter coupled with evidence that the faltering recovery in the eurozone was having a dampening impact on German industry contributed to a downbeat mood brightened only when shares on Wall Street rose in early trading. (news.financializer.com). As reported in the news.